GRDLF (Grindrod) Debt-to-Equity: 0.33 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GRDLF Grindrod Ltd GRDLF
61 GF Score
Price $0.75
GF Value $0.46
! 6 Warning Signs
View Full Analysis

What is Grindrod Debt-to-Equity?

Grindrod GRDLF -13.73% 61 Debt-to-Equity is 0.33 as of Dec. 2025, which is 6% above its 10-year median of 0.31. GuruFocus rates GRDLF with a GF Score™ of 61/100 and a GF Value™ of $0.46. The stock has 6 warning signs investors should review. Among 907 Transportation companies, Grindrod ranks better than 65.49% on this metric.

Grindrod's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $44.0 Mil. Grindrod's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $147.5 Mil. Grindrod's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $573.3 Mil. Grindrod's debt to equity for the quarter that ended in Dec. 2025 was 0.33.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Grindrod's Debt-to-Equity or its related term are showing as below:

GRDLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.31   Max: 0.56
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Grindrod was 0.56. The lowest was 0.19. And the median was 0.31.

GRDLF's Debt-to-Equity is ranked better than
65.49% of 907 companies
in the Transportation industry
Industry Median: 0.54 vs GRDLF: 0.33

Grindrod  (OTCPK:GRDLF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Grindrod Debt-to-Equity Related Terms


Grindrod Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Grindrod's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Grindrod Debt-to-Equity Chart

Grindrod Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.28 0.26 0.30 0.33

Grindrod Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.28 0.30 0.32 0.33

GRDLF vs UPS, FDX, JBHT: Debt-to-Equity Comparison

For the Integrated Freight & Logistics subindustry, Grindrod's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grindrod Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Grindrod's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grindrod's Debt-to-Equity falls into.


GRDLF
61GF Score
Grindrod Ltd GRDLF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grindrod Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grindrod's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Grindrod's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.33 mean?
Grindrod (GRDLF) has a Debt-to-Equity of 0.33 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Grindrod and its competitors. This is near median its historical median of 0.31. Over the past decade, Grindrod's Debt-to-Equity has ranged from 0.19 to 0.56. According to the industry distribution chart, Grindrod ranks #313 out of 907 companies in the Transportation industry, placing it in the top 34.5%.
Is Grindrod's Debt-to-Equity too high?
Grindrod's current Debt-to-Equity of 0.33 is near median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.56. The Transportation industry median Debt-to-Equity is 0.54. Grindrod's value of 0.33 is 38.9% below this industry median. Based on the distribution chart, Grindrod ranks #313 out of 907 companies in the Transportation industry, which is above the industry midpoint. Overall, Grindrod has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Grindrod's Debt-to-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Grindrod ranks #313 out of 907 companies for Debt-to-Equity. This puts Grindrod in the upper half of its industry. The industry median Debt-to-Equity is 0.54. Grindrod's value of 0.33 is 38.9% below this benchmark. Historically, Grindrod's own Debt-to-Equity has ranged from 0.19 to 0.56 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.54, Grindrod has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.54, based on 907 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grindrod's current Debt-to-Equity of 0.33 is 38.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Grindrod and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grindrod's current Debt-to-Equity is 0.33, which is near median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindrod stock overvalued right now?
Grindrod (GRDLF) has a current Debt-to-Equity of 0.33. The stock's GF Value™ is $0.46, compared to a current price of $0.75 — trading 62.7% above its estimated fair value. The current Debt-to-Equity is 0.33, which is near median its 10-year median of 0.31 and 38.9% below the Transportation industry median of 0.54. Grindrod's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Grindrod (GRDLF), the current Debt-to-Equity is 0.33 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Grindrod (GRDLF) Overvalued in 2026?

Based on GuruFocus' analysis, Grindrod stock appears to be overvalued. The current stock price of $0.75 is trading 62.7% above its estimated GF Value™ of $0.46.

Key valuation signals for GRDLF:

  • Debt-to-Equity: 0.33 (near median its 10-year median of 0.31)
  • GF Value™: $0.46 vs. price of $0.75 (62.7% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 38.9% below the Transportation median (#313 of 907)

No single metric tells the full story. See the GRDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grindrod Business Description

Address 106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001
Grindrod Ltd is a provider of logistic solutions. The company provides solutions through its warehousing, distribution, container depots and transport capabilities. It also offers all-encompassing integrated solutions through a single point of contact, including multi-modal road and rail bulk solutions connecting customers via various trade corridors. It also offers freight forwarding, customs brokerage, contract logistics, project logistics and digital solutions and provides ships agency, logistics and marine technical and engineering services to the maritime, offshore and oil and gas sectors. Its segments include Port and Terminals, and The Logistics segment operates a ships agency, clearing and forwarding and rail services as well as containers handling landside operations.
61GF Score

Get the complete analysis for GRDLF

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.75
Price
$0.46
GF Value